Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.
Opinion
2yOpinion
I run a $38 billion software company. In 10 years, CEOs who don't understand data and AI won't be eligible for the top job in any industry.
Ali Ghodsi, CEO of Databricks, says aspiring CEOs in any industry must be prepared with some background or working knowledge of AI.
Databricks was a hot IPO candidate, but now its raising its fourth round of private investment in the past year.
* This article is reconstructed based on a portion of the book. More in-depth content (design and specific examples) is compiled in the book, so please check it out if you are interested. This book is ...
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Databricks said on Thursday it would expand its partnership with Microsoft through the 2030s, a deal under which it will increase its use of the Azure platform and Microsoft's custom chips.
Jefferies says Snowflake (SNOW) could rerate higher after Databricks’ $188B valuation, citing revenue multiples and AI/GPU ...
The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain ...
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